Indonesia and ADB

In the Spotlight

Rantau Dedap geothermal power project in South Sumatra, Indonesia is expected to generate more than 90 MW of electricity, which will power up to 130,000 homes and avoid over 400,000 tons of carbon dioxide emissions every year by 2021.

ADB has agreed $3 million in grant assistance to support immediate relief efforts in Central Sulawesi, Indonesia. An earthquake and tsunami devastated part of Sulawesi on 28 September, leaving at least 1,700 dead and another 2,500 injured.

Economic growth in Indonesia, Southeast Asia’s largest economy, is expected to continue to be robust in 2018 and 2019 amid global headwinds, according to an update of the ADB's flagship annual economic publication, Asian Development Outlook (ADO) 2018.

Indonesia boasts the largest economy in the Association of Southeast Asian Nations (ASEAN), and the 16th largest worldwide. Its economic growth since 2009 has helped lift over 3 million Indonesians out of poverty.

ADB adapts its support for Indonesia to reflect the complex development needs of a rapidly evolving middle-income country. The focus of assistance has moved from an emphasis on agriculture in the 1970s, to energy, urban infrastructure, and education in the 1980s, to finance sector reform and resilience in the late 1990s. With Indonesia having built much stronger systems and capacity, ADB now provides results-based forms of financing, enabling the country to use its internal systems and principle-based approaches.

About ADB

The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.